TRGP Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own TRGP shares is 1225, representing 91.97% of the company's common stock.

CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC, in the last quarter, reduced its stake in TRGP by -16.1% restricting it's holding to 618.22 thousand shares of worth nearly $69.23M. CREDIT SUISSE AG/ also lessened -5% of the TRGP shares from its portfolio, reducing its holding to 435.37 thousand shares of worth $48.76M. ALLIANCEBERNSTEIN L.P. also shunned TRGP shares holding by -11.23% last quarter which brought its holding to 410.89 thousand shares worth $46.02M.

As per its latest 13F filing, ENVESTNET ASSET MANAGEMENT INC increased its stake in TRGP by 5.72% in the last quarter. The institutional holder raised its holding to 436.05 thousand shares having worth more than $48.83M. LOS ANGELES CAPITAL MANAGEMENT LLC also added 876.1% more shares of TRGP to its portfolio, raising its holding to 428.11 thousand shares of worth $47.94M. COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS also increased its TRGP shares holding by 0.87% which brought its holding to 372.9 thousand shares worth $41.76M.

The insider with the most stakes in TRGP is WHALEN JAMES W , director at the company. Additionally, TRGP stock is highly held by Chief Financial Officer Kneale Jennifer R. and See Remarks McDonie Patrick J. among others.

Company executives, directors, and other insiders own 1.82% percent of Targa Resources Corp.'s stock. Within the last six months, there have been 8 transaction(s) in which TRGP insiders have sold stock, totaling 209.68K shares. Insiders that have sold shares include MURARO ROBERT, BOUSHKA JULIE H., and PRYOR D. SCOTT.

There have been 0 transaction(s) during the past 6-months in which Targa Resources Corp. insiders have bought stock, totalling 0 shares

Around 723.36K Targa Resources Corp. shares are held by insiders, which represents about 1.82% of TRGP stock.

TRGP director, WHALEN JAMES W holds the largest portfolio of the company's shares. TRGP shares owned by WHALEN total nearly 233.5 thousand.

CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC is the largest institutional owner in TRGP which holds 618.22 thousand shares worth $69.23M or 0.28% of the total TRGP shares outstanding followed by ENVESTNET ASSET MANAGEMENT INC with ownership of 436.05 thousand shares representing 0.2% of the TRGP ownership. CREDIT SUISSE AG/ is the third largest stakeholder with 435.37 thousand shares or 0.2% of the ownership worth more than $48.76M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the TRGP is concerned, it is a stock which is optionable.

Number of TRGP shares short is 3.72M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 218.06M shares of TRGP are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, TRGP has 214.12M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for TRGP is 2.47.